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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash provided from (used for) operating activities:      
Net income $ 760,790 $ 701,466 $ 1,454,494
Adjustments to reconcile net income from continuing operations to cash provided from continuing operations:      
Loss (income) from discontinued operations, net of income taxes 92 44 3,769
Increase (decrease) in future policy benefits 661,567 664,997 687,407
Increase (decrease) in other policy benefits 15,900 17,134 31,784
Deferral of policy acquisition costs (753,661) (699,551) (660,134)
Amortization of deferred policy acquisition costs 551,726 516,690 490,403
Change in current and deferred income taxes 68,588 69,369 (700,660)
Realized (gains) losses (20,621) 1,804 (23,611)
Other, net 62,194 4,463 67,933
Net cash provided from (used for) continuing operations 1,346,575 1,276,416 1,351,385
Net cash provided from (used for) discontinued operations 17,299 1,231 77,673
Cash provided from (used for) operating activities 1,363,874 1,277,647 1,429,058
Cash provided from (used for) investing activities:      
Fixed maturities available for sale—sold 79,108 32,021 67,246
Fixed maturities available for sale—matured or other redemptions 840,222 343,712 488,843
Other long-term investments 5,134 477 3,534
Total investments sold or matured 924,464 376,210 559,623
Acquisition of investments:      
Fixed maturities—available for sale (1,552,956) (1,155,539) (1,314,609)
Other long-term investments (123,332) (93,631) (55,096)
Total investments acquired (1,676,288) (1,249,170) (1,369,705)
Net (increase) decrease in policy loans (25,426) (20,537) (21,554)
Net (increase) decrease in short-term investments 34,003 63,783 (55,031)
Additions to properties (42,203) (45,092) (20,285)
Sale of other assets 32 1,987 18
Investments in low-income housing interests (23,893) (23,404) (19,890)
Net Cash Provided by (Used in) Investing Activities, Total (809,311) (896,223) (926,824)
Cash provided from (used for) financing activities:      
Issuance of common stock 83,163 36,091 61,215
Cash dividends paid to shareholders (74,188) (71,421) (68,831)
Repayment of debt (6,875) (327,762) (126,875)
Proceeds from issuance of debt 0 550,000 125,000
Payment for debt issuance costs 0 (6,969) (1,661)
Net borrowing (repayment) of commercial paper (11,610) (22,719) 61,092
Acquisition of treasury stock (459,569) (421,749) (412,989)
Net receipts (payments) from deposit-type products (121,429) (126,991) (90,932)
Cash provided from (used for) financing activities (590,508) (391,520) (453,981)
Effect of foreign exchange rate changes on cash (9,148) 12,559 (5,853)
Net increase (decrease) in cash (45,093) 2,463 42,400
Cash at beginning of year 121,026 118,563 76,163
Cash at end of year $ 75,933 $ 121,026 $ 118,563